The Richest 300 People On Earth Have As Much Wealth As The Poorest 3 Billion
Global Wealth Inequality – What you never knew you never knew
PLEASE NOTE THERE IS A NEW VERSION OF THE VIDEO WITH A MORE ACCURATE MAP HERE:http://youtu.be/DJtOhfpGlZ8.
Inequality Video Fact Sheet:
The figure we use for total global household wealth, $223 trillion, comes from the 2012 Credit Suisse Global Wealth Report.
The figures we use for how the world’s wealth is divided by population cohort also come from the 2012 Credit Suisse Global Wealth Report, as discussed here.
The video says that the richest 300 people on earth have more wealth than the poorest 3 billion. We chose those numbers because it makes for a clear and memorable comparison, but in truth the situation is even worse: the richest 200 people have about $2.7 trillion, which is more than the poorest 3.5 billion people, who have only $2.2 trillion combined.
The claim that inequality between poor countries and rich countries has been increasing and now stands at about 1:80 comes from the United Nations Development Program’s 1999 Human Development Report.
The amount of aid that rich countries give to developing countries each year, about $130 billion, comes from the OECD Aid Statistics report.
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http://www.therules.org/en/inequality-video-fact-sheet
If We Don’t Break Up the Big Banks, They Will Manipulate More and More of the Economy … Making Us Poorer and Poorer
Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.
http://www.washingtonsblog.com/2013/07/if-we-dont-break-up-the-big-banks-they-will-manipulate-more-and-more-of-the-economy-making-us-poorer-and-poorer.html
Global Wealth Inequality – What you never knew you never knew
PLEASE NOTE THERE IS A NEW VERSION OF THE VIDEO WITH A MORE ACCURATE MAP HERE:http://youtu.be/DJtOhfpGlZ8.
Inequality Video Fact Sheet:
The figure we use for total global household wealth, $223 trillion, comes from the 2012 Credit Suisse Global Wealth Report.
The figures we use for how the world’s wealth is divided by population cohort also come from the 2012 Credit Suisse Global Wealth Report, as discussed here.
The video says that the richest 300 people on earth have more wealth than the poorest 3 billion. We chose those numbers because it makes for a clear and memorable comparison, but in truth the situation is even worse: the richest 200 people have about $2.7 trillion, which is more than the poorest 3.5 billion people, who have only $2.2 trillion combined.
The claim that inequality between poor countries and rich countries has been increasing and now stands at about 1:80 comes from the United Nations Development Program’s 1999 Human Development Report.
The amount of aid that rich countries give to developing countries each year, about $130 billion, comes from the OECD Aid Statistics report.
….
http://www.therules.org/en/inequality-video-fact-sheet
If We Don’t Break Up the Big Banks, They Will Manipulate More and More of the Economy … Making Us Poorer and Poorer
Interest Rates Are Manipulated
Interest rates are rigged:- The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged
- This was the largest insider trading scandal ever … and the largest financial scam in world history
- Local governments got ripped off bigtime by the Libor manipulation
- Libor is still being manipulated
Derivatives Are Manipulated
The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market.Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.
Currency Markets Are Rigged
Currency markets are massively rigged.Commodities Are Manipulated
The big banks and government agencies have been conspiring to manipulate commodities prices for decades.http://www.washingtonsblog.com/2013/07/if-we-dont-break-up-the-big-banks-they-will-manipulate-more-and-more-of-the-economy-making-us-poorer-and-poorer.html